Company registration number: CE026485 Charity registration number: 1195567
Cancer and Pisces Trust
Annual Report and Financial Statements for the Year Ended 31 December 2024
CI Accountancy Ltd 11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
Cancer and Pisces Trust
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance Sheet | 6 |
| Notes to the financial statements | 7 to 11 |
| The following pages do not form part of the statutory financial statements: |
Statement of financial activities per fund 12 to 13
Cancer and Pisces Trust Reference and Administrative Details
| Charity name | Cancer and Pisces Trust |
|---|---|
| Charity registration number | 1195567 |
| Company registration number | CE026485 |
| Principal office | The Northern Fishing School |
| Swinton Hotel | |
| Masham | |
| Ripon | |
| North Yorkshire | |
| HG4 4JH | |
| Registered office | The Northern Fishing School |
| Swinton Hotel | |
| Masham | |
| Ripon | |
| North Yorkshire | |
| HG4 4JH | |
| Trustees | Ashe George Russell Windham CVO |
| James Clement Royds | |
| Sekhar Bahadur | |
| Richard Elliott | |
| Lara May | |
| Chair | Ashe George Russell Windham CVO |
| Accountant | CI Accountancy Ltd |
| 11-12 The Courtyard | |
| St. Mary's Chare | |
| Hexham | |
| Northumberland | |
| NE46 1NH |
Page 1
Cancer and Pisces Trust
Trustees' Report
The Cancer and Pisces Trust has steadily built on its mission of providing a completely free day’s fishing and a picnic lunch to cancer sufferers and their carers since its founding in 2021. In previous years, the trust focused on establishing itself, securing funding, and launching its therapeutic angling programs. In 2024, we had expanded our outreach, opening our third centre at Albury near Guildford. Our original centre at Swinton in North Yorkshire is now well established and is usually booked up for each of the days which we offer. The second centre at Holbury near Romsey in Hampshire, which opened in 2023, is well on the way to full capacity. Albury has been a little slower to get going but is gaining traction. For each venue, we offer one weekday early each month from May to October, months inclusive, to host our members. The trustees decided that 2025 would be a year of consolidation, not least because our managing director, Marina Gibson, told us that she would be having a baby in March 2025. Having been safely delivered of a girl, Marina is on maternity leave until July. We are now seeking a fourth centre, possibly in Scotland, to open in 2026.
The Cancer and Pisces Trust's progress can be measured through several key metrics:
Financial Transparency : The c haritable incorporated organisation (CIO) has consistently submitted its annual returns and accounts on time, demonstrating strong governance and accountability. In 2022, the trust reported a total gross income of £55, 590, with expenditure of £22,190. By 2023 , the trust’s income had more than doubled to £113,700 thanks to a large fund raising dinner held in London in November that year, while expenditure increased to £49,340 . In 2024, the CIO’s income declined to £31,967, whilst expenses fell from last year to £35,822. The reason for the fall in expenditure is because, although we provided approximately 35% more days’ fishing for our members, we have reduced lunch to a ‘meal deal’ type offering which is surprisingly proving more popular with our members and all our guides and hosts are now giving their time for free. Given that we have some £115,000 in the bank, we can afford a small loss each year, whilst the trustees see no need for any large fund raising event in the next two or three years. We are now receiving regular funds from a couple of charities who recognise the value of what we are doing and also from individuals who appreciate the work the CIO is doing.
Program Expansion : The trust has now broadened its outreach to three venues, offering therapeutic fishing experiences to more participants, including young people. The trust now engages with The Teenage Cancer Trust and has run two separate afternoons for that worthwhile charity, whilst our liaison with the excellent Maggie’s Centre continues to flourish.
Community Engagement : Increased participation in the monthly events at our three centres suggests growing awareness and involvement in the trust’s mission. We are enormously fortunate that our guides and hosts for each venue provide their services for free, which helps our finances a good deal, as explained above. Feedback from those who volunteer their valuable time has been very positive, universally recognising the benefits to themselves from helping others, whilst their contribution is essential to the operations of the charity and to the well-being of our members.
In summary, 2024 was a busy year but a successful one, whilst we look forward to the future with growing confidence.
Page 2
Cancer and Pisces Trust
Trustees' Report
Approved by the Trustees and signed on their behalf by:
~~.........................................~~
Ashe George Russell Windham CVO (Jun7, 2025, 5:55am) Ashe George Russell Windham CVO Trustee 07 Jun 2025 Date:................................
~~.........................................~~ Richard Elliott (Jun 7, 2025, 11:18am) Richard Elliott Trustee 07 Jun 2025 Date:................................
~~........................................~~ .
James Royds (Jun 6, 2025,10:53am) James Clement Royds Trustee 06 Jun 2025 Date:................................
~~.........................................~~ Lara May (Jun 10, 2025, 3:22pm) Lara May Trustee 10 Jun 2025 Date:................................
Sekhar Bahadur
.........................................
Sekhar Bahadur (Jun 6, 2025, 12:57pm) Sekhar Bahadur Trustee 06 Jun 2025 Date:................................
Page 3
Independent Examiner's Report to the Trustees of
Cancer and Pisces Trust
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 5 to 11.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... CI Accountancy Ltd CI Accountancy Ltd (Jun 10, 2025,3:37pm) 10 Jun 2025 Date:................................
11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
Page 4
Cancer and Pisces Trust
Statement of Financial Activities for the Year Ended 31 December 2024
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Activities for generating funds 3 Investment income 4 Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income 5 Fundraising trading: cost of goods sold and other costs 5 Governance costs 5 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 24,490 3,313 4,164 31,967 - 34,742 1,080 35,822 (3,855) 119,066 115,211 |
Total Funds 2024 £ 24,490 3,313 4,164 31,967 - 34,742 1,080 35,822 (3,855) 119,066 115,211 |
Total Funds 2023 £ 111,496 2,208 - |
|---|---|---|---|
| 113,704 | |||
| 14,440 32,801 2,100 |
|||
| 49,341 | |||
| 64,363 54,703 |
|||
| 119,066 |
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 7 to 11 form an integral part of these financial statements.
Page 5
Cancer and Pisces Trust (Registration number: CE026485)
Balance Sheet as at 31 December 2024
| Note Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets Net assets The funds of the charity: Restricted funds Unrestricted funds Unrestricted income funds Total charity funds |
2024 £ £ 259 350 117,392 117,742 (2,790) 114,952 115,211 - 115,211 115,211 |
2023 £ £ 323 145 124,034 124,179 (5,436) 118,743 119,066 - 119,066 119,066 |
2023 £ £ 323 145 124,034 124,179 (5,436) 118,743 119,066 - 119,066 119,066 |
|---|---|---|---|
| 119,066 | |||
| - 119,066 |
|||
| 119,066 |
Approved by the Board on ................... and signed on its behalf by:
......................................... ......................................... Ashe George Russell Windham CVO Ashe George Russell Windham CVO (Jun7, 2025, 5:55am) James Royds (Jun 6, 2025,10:53am) James Clement Royds Trustee Trustee ......................................... ......................................... Richard Elliott (Jun 7, 2025, 11:18am) Lara May (Jun 10, 2025, 3:22pm) Richard Elliott Lara May Trustee Trustee
Sekhar Bahadur
.........................................
Sekhar Bahadur (Jun 6, 2025,12:57pm) Sekhar Bahadur Trustee
The notes on pages 7 to 11 form an integral part of these financial statements.
Page 6
Notes to the Financial Statements for the Year Ended 31 December 2024
Cancer and Pisces Trust
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 12.
Incoming resources
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Shop income is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Governance costs
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.
Fixed assets
Individual fixed assets costing £100 or more are initially recorded at cost.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures, fittings and equipment
20% reducing balance basis
Page 7
Cancer and Pisces Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
......... continued
2 Voluntary income
| Donations and legacies Appeals and donations Grants Grants receivable Activities for generating funds Operating activity 1 Sales of purchased goods Interest on cash deposits nvestment income Interest on cash deposits |
Unrestricted Funds £ 24,490 - 24,490 Unrestricted Funds £ 3,313 - 3,313 Unrestricted Funds £ 4,164 |
Total Funds 2024 £ 24,490 - 24,490 Total Funds 2024 £ 3,313 - 3,313 Total Funds 2024 £ 4,164 |
Total Funds 2023 £ 97,056 14,440 |
|---|---|---|---|
| 111,496 | |||
| Total Funds 2023 £ 1,608 600 |
|||
| 2,208 | |||
| Total Funds 2023 £ - |
3 Activities for generating funds
4 Investment income
Interest on cash deposits
Page 8
Cancer and Pisces Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
......... continued
5 Total resources expended
| Direct costs Cost of goods sold Employment costs Establishment costs Repairs and maintenance Office expenses Printing, posting and stationery Sundry and other costs Motor expenses Travel and subsistence Advertising and promotion Accountancy fees Legal and professional costs Bank charges Depreciation of tangible fixed assets |
Operating activity 1 £ 3,358 15,689 645 2,448 1,548 1,103 8,166 228 354 650 - 70 419 64 34,742 |
Governance £ - - - - - - - - - - 1,080 - - - 1,080 |
Total £ 3,358 15,689 645 2,448 1,548 1,103 8,166 228 354 650 1,080 70 419 64 |
|---|---|---|---|
| 35,822 |
6 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
7 Net (expenditure)/income
Net (expenditure)/income is stated after charging:
Depreciation of owned assets
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| 64 | 80 |
Page 9
Cancer and Pisces Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
......... continued
8 Tangible fixed assets
| Cost Additions Depreciation As at 1 January 2024 Charge for the year As at 31 December 2024 Net book value As at 31 December 2024 As at 31 December 2023 |
Fixtures, fittings and equipment £ 403 80 64 144 259 (80) |
|---|---|
9 Debtors
| Trade debtors Creditors: Amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
2024 £ 350 2024 £ 667 983 1,140 2,790 |
2023 £ 145 |
|---|---|---|
| 2023 £ 2,887 149 2,400 |
||
| 5,436 |
10 Creditors: Amounts falling due within one year
Page 10
Cancer and Pisces Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
......... continued
11 Related parties
Controlling entity
The charity is controlled by the trustees.
12 Analysis of funds
| General Funds Unrestricted income fund |
At 1 January 2024 £ 119,066 |
Incoming resources £ 31,967 |
Resources expended £ (35,822) |
At 31 December 2024 £ 115,211 |
|---|---|---|---|---|
13 Net assets by fund
| Tangible assets Current assets Creditors: Amounts falling due within one year Net assets |
Unrestricted Funds £ 259 117,742 (2,790) 115,211 |
Total Funds 2024 £ 259 117,742 (2,790) 115,211 |
Total Funds 2023 £ 323 124,179 (5,436) |
|---|---|---|---|
| 119,066 |
Page 11
Cancer and Pisces Trust
Statement of financial activities by fund Year Ended 31 December 2024
| Incoming resources Incoming resources from generated funds Voluntary income Activities for generating funds Investment income Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Fundraising trading: cost of goods sold and other costs Governance costs Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted income fund 2024 £ 24,490 3,313 4,164 31,967 - 34,742 1,080 35,822 (3,855) 119,066 115,211 |
Unrestricted income fund 2023 £ 107,056 2,208 - |
|---|---|---|
| 109,264 | ||
| 10,000 32,801 2,100 |
||
| 44,901 | ||
| 64,363 54,703 |
||
| 119,066 |
This page does not form part of the statutory financial statements.
Page 12
Cancer and Pisces Trust
Statement of financial activities by fund Year Ended 31 December 2024
| ......... continued Incoming resources Incoming resources from generated funds Voluntary income Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Fundraising trading: cost of goods sold and other costs Total resources expended Reconciliation of funds Total funds carried forward |
Restricted income fund 1 2024 £ - - - - - - |
Restricted income fund 1 2023 £ 4,440 |
|---|---|---|
| 4,440 | ||
| 4,440 - |
||
| 4,440 | ||
| - |
This page does not form part of the statutory financial statements.
Page 13